Archive | May, 2010
Letting agent helps catch drug dealer

Letting agent helps catch drug dealer

A letting agent in Ireland has helped to jail a man who was producing cocaine in a rented house. Gardai were alerted to a house in Meadowbrook, Willow Park after a letting agent noticed suspicious activity taking place on the premises. Mixing agents, liquidisers, masking tape and industrial presses were found at the house, while [...]

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Tenant demand rising

The rocketing growth of the private rented sector has been highlighted by a record 48,332 new tenants registering in the first quarter of this year with Countrywide Residential Lettings. Applicants rose by 48% over the last quarter of 2009, and by 36% compared with the first quarter of last year. In March, there was the [...]

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NLA warn landlords to carry out credit checks on tenants

Landlords must ensure they carry out tenant checks on potential tenants, the National Landlords Association (NLA) has said. David Salusbury, the chairman of the body, said landlords should not consider tenant checks an optional extra. “If a potential tenant has a track record of not paying their rent or states they are employed when in [...]

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Thousands of estate agents now trading unlawfully, says OFT

Thousands of estate agents are trading illegally after failing to sign the OFT’s anti-money laundering register. They are being told that they are risking unlimited fines and jail, although a three-month consultation on how the anti-money laundering regimes is policed and what the penalties should be is still ongoing. By the start of this month, [...]

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Landlords fined for neglecting gas safety regulations

The landlords of a Southampton property have been fined after a mother and daughter were taken to hospital with carbon monoxide poisoning. Brothers Robert and David Watts were each fined £7,000 and ordered to pay £4,500 worth of costs apiece after being prosecuted by the Health and Safety Executive (HSE). When inspectors visited the house [...]

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Rents on the rise

Rents on the rise

he amount of money letting agents receive in rents is beginning to increase, according to new research. According to the latest buy-to-let index from LSL Property Services, rents in England and Wales rose to an average of £658 per month in February. This is an increase of 0.3 per cent from the previous month. David [...]

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